Microsoft has announced it will be cutting around 7,800 positions globally as part of a restructuring to its phone hardware business.
A post on the company's website explains the decision has been taken following the acquisition of Nokia's phone business last year. Microsoft is also writing off $7.6 billion following the purchase - it's worth remembering the original purchase of Nokia cost $7.1 billion.
The majority of the job losses are presumed to hit the mobile department as it's the only one mentioned, yet it's not clear if other arms of the business will be affected too. Last year Microsoft announced the layoff of 18,000 staff - it's unclear if today's news is part of that, or in addition to it.
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A post on the company's website explains the decision has been taken following the acquisition of Nokia's phone business last year. Microsoft is also writing off $7.6 billion following the purchase - it's worth remembering the original purchase of Nokia cost $7.1 billion.
The majority of the job losses are presumed to hit the mobile department as it's the only one mentioned, yet it's not clear if other arms of the business will be affected too. Last year Microsoft announced the layoff of 18,000 staff - it's unclear if today's news is part of that, or in addition to it.
Continue reading…
Continue reading...